Astra Space Shares Jumped 6% in Premarket Trading
Tiger Newspress2022-02-07
Astra Space Rose over 6% in premarket trading after the Federal Aviation Administration issued a launch license last Friday.
The launch license is the first license the FAA has issued under Part 450, which streamlines the requirements for obtaining launch licenses.
Crucially, the new launch license is expected to make it easier for Astra Space to launch at a higher frequency out of more launch sites in the United States.
The launch license authorizes Astra’s NASA launch from Cape Canaveral, Florida set for February 7.
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